MDL 2406 – to keep you updated on the latest information

MONTGOMERY—Newly released depositions in a class-action antitrust lawsuit against Blue Cross Blue Shield (BCBS) give rise to charges of inflated rates and a nationally coordinated plan to control insurance markets, according to federal court filings.

A written statement received by the Alabama Political Reporterclaims, “Blue Cross and Blue Shield are defendants in a series of federal class actions alleging that the Blues are engaging in a nationwide conspiracy to suppress competition in violation of federal antitrust law, including unlawfully conspiring to divide up their respective markets and agreeing to suppress competition among themselves within those markets artificially.”